How Cyber Liability Insurance Protects Your Business
Posted: December 28, 2017
How Cyber Liability Insurance Protects Your BusinessAlmost every business has a cyber liability exposure, and most businesses are securing some form of coverage to protect them from these types of threats. A recent report by a leading insurance firm said that purchases of cyber insurance grew over 30% in the last year. Did you know that an average business has a greater chance of having a cyber breach than it does...
Five Gaps in Coverage for Many Small Businesses
Posted: December 18, 2017
Five Gaps in Coverage for Many Small BusinessesAccording to the latest surveys by major insurers, small to medium sized businesses have a number of critical gaps in their insurance coverage. The reasons for gaps vary; not fully understanding how certain coverage applies to their business, buying insurance from a captive agent who can’t provide the coverage, thinking their commercial coverage provides the coverage, and finally believing they don’t have the risk. Here...
Why A Growing Business Needs To Look Into Key Person Insurance
Posted: December 18, 2017
Why A Growing Business Needs To Look Into Key Person InsuranceIn a small, thriving business, the death of a key employee could cause the business to collapse. It could be an owner, a founder, a key salesperson, or any other important player. Life is full of uncertainties, but key person insurance helps protect your business should the unexpected happen. How Key Person Insurance Works Key person insurance is life insurance on a key person in...
Does Santa Claus Need Insurance?
Posted: December 8, 2017
Does Santa Claus Need Insurance?Imagine that your entire business was focused on just one day out of the whole year? You have to spend 364 days preparing for one single product distribution. Do you think there might be just a little bit of stress—say around December 20? If we attempted to present Santa with a business insurance proposal, he might say, “Who would sue Santa?” If Santa were concerned...
Contractor’s Insurance.... We Will Help You Build A Good One
Posted: December 7, 2017
Contractor’s Insurance.... We Will Help You Build A Good OneConstruction Risks Contractor’s insurance coverage has become just as important to a contractor as it is to an architect or engineer. New methods of service delivery have created risks and exposures that need to be understood by Mississippi Contractors. Contractors have many different liability exposures when they manage a building project, sub contract work, perform or subcontract a design, modify plans, change a manufacturer’s specifications,...